documents in the last year, 794 When a certificate of title or a manufacturer’s statement of origin does not meet the federal requirements for a proper odometer disclosure, a separate odometer disclosure statement must be issued by the seller and attached to the certificate of ownership at the time of transfer of a motor vehicle. Lender groups, NTSF and HCUA, supported the proposal. The Secretary was required to publish a rule to implement the provision. Users, who would have to be Texas residents holding a valid state identification credential, would be verified by matching four personal data elements and two forms of identification against a state database. HCUA offered similar views, urging NHTSA to clarify that database records can be substituted for scanned images of paper titles by state DMVs. (53 FR 29464, August 5, 1988). Get everything you need to configure and automate your company’s workflows. PCI suggested if NHTSA believes that a change is necessary, the threshold for the exemption should not be higher than 15 years. (1) For a physical document, a person's name, or a mark representing it, as hand written personally. Additional considerations supporting changing the exemption include the relative ease with which modern odometers may be rolled back and the significant increases in market value that may be gained through such fraud. The transferee must acknowledge the reading by signing the statement. Instead, AAMVA noted, an electronic disclosure and title record would be data fields making up an electronic record. This final rule also amends §§ 580.14 through 580.16 to allow for the use of both electronic and original powers of attorney, electronic and physical titles and to replace “state” with “jurisdiction” consistent with the definitions in § 580.3. The term does not include display of an electronic record for viewing purposes where modification of stored data is not possible, or where modification to the record is possible but results in a new, unique electronic title. As set forth in § 580.5(g), an electronic reassignment may precede issuance of an electronic title when no electronic title exists. The dealer would retain one part, and the purchaser would be given the other, along with the original title acquired by the dealer upon vehicle purchase. This proposal was supported by those commenters choosing to address it, and NHTSA is adopting this requirement in this final rule. Table 1 summarizes the affected MYs, the number of affected vehicles, the total number of mileage disclosures, and the total costs from 2020. For policy and technical issues: Mr. David Sparks, Director, Office of Odometer Fraud, National Highway Traffic Safety Administration, 1200 New Jersey Avenue SE, Washington, DC 20590. Therefore, reassignment documents, either electronic or physical, would not be needed in electronic title jurisdictions. SBREFA amended the Regulatory Flexibility Act to require federal agencies to provide a statement of the factual basis for certifying that a proposal would not have a significant economic impact on a substantial number of small entities. Lopatka urged the agency to more fully consider if states must scan physical titles with sufficient resolution to preserve security features or if preserving details such as the clarity of the titleholder's signature is sufficient. The NTTAA directs NHTSA to provide Congress, through OMB, explanations when the agency decides not to use available and applicable voluntary consensus standards. ESRA again urged the agency to take an “agnostic” approach and allow states to employ reasonable efforts to protect records. In turn, § 580.13(f) requires the transferee, upon receipt of the transferor's title, to make on the title exactly the mileage disclosure as disclosed by the transferor on the power of attorney. The NPRM proposed various amendments updating the agency's address, removing obsolete text, and conforming the petition for alternative disclosure schemes requirements to the other proposed amendments. In such an instance, the section provided that a separate document could be used for the disclosure. Proposals set forth in the NPRM sought to preserve these attributes while allowing jurisdictions maximum flexibility in developing and deploying electronic titling and odometer disclosure schemes. Auction interests argued the requirement would impose a crippling burden on their ability to do business as they process hundreds or thousands of vehicles at a time. Ensure that standards being considered for incorporation by reference are reasonably available to NIST. 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